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In Foundries, Paris, Portfolio News

Launching the 3rd SAP.iO Foundry Paris Cohort on GreenTech and Sustainable Enterprise

One year after its opening, the SAP accelerator unveils the startups selected for its third GreenTech-oriented promotion

After a first startup promotion focused on supply chain, and a second focused on retail solutions, SAP is putting the spotlight on GreenTech for its third promotion. The selected startups all have in common that they offer their customers technologies to reduce their environmental footprint and enter the circular economy in order to have a positive impact on the world.

The objective of this GreenTech-focused promotion is to address a central issue in the economy, as Sébastien Gibier, Director of SAP.iO Foundry Paris, explains: “SAP has chosen to put its technology at the service of its customers to help them have a positive impact on society and the environment. One of the goals of our digital solutions is to optimize the use of their resources in response to the 17 sustainable development objectives set by the UN. We are convinced that, combined with SAP solutions, the technologies of the selected startups will help companies to respond even more effectively to these challenges. And we can positively respond to the 48% of French people who believe that massive investment is needed in more environmentally friendly technologies.

The 8 startups of the new SAP.iO cohort will be supported for 10 weeks, 3 days a week, by mentors and coaches from SAP and the startup ecosystem who will hold workshops on different themes.

Here are the French GreenTech startups selected by SAP.iO Foundry Paris:

  • Circunomics: uses big data to recycle and put back on the market the various battery components.
  • Uzer: offers digital solutions to reduce waste and improve recycling performance. The startup developed Eugène, a small box equipped with a screen and a scanner that you can set up near your kitchen bin. All you have to do is scan the barcodes of the packages when you throw them away and Eugene displays the right sorting instructions directly on its screen. This avoids confusion and wasted time when recycling.
  • Evolution Energie: startup specialized in the management of energy purchases for manufacturers. It offers a software solution called “Flexinergy” that provides customers with additional tools and resources to independently control their operations on their contracts and on the energy markets.
  • Hiboo: helps the construction industry to re-invent the way field operations are managed. Hiboo captures and centralizes data from multiple sources, providing strategic insights to optimize processes and unlock new business models.
  • Harold Waste: develops software assistants for waste management and circular economy actors. The startup develops artificial intelligence capable of identifying and qualifying flows of plastics, metals and cardboard.
  • Trinov: offers a SaaS platform to collect and analyze data to reduce at source and optimize waste management of economic activities.
  • Ubleam : designed a new generation bar code, called “bleam”, which facilitates the use and maintenance of objects. This connected 3D tag, once attached to an object, can be scanned on a mobile device and gives access to interactive content, including all the technical documentation for the product concerned.
  • iNex Circular: European industrial waste exchange platform to promote the circular economy on the ground. The company ensures that one company’s waste becomes another company’s resource.

14 startups accelerated by SAP.iO Foundry Paris, 10 of which are directly integrated into SAP solutions, in just 1 year

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In Foundries, Munich

SAP.iO Foundry Munich at Bits & Pretzels

Last week, the Bits & Pretzels conference in Munich provided SAP.iO startups the opportunity to share, learn, and engage in a unique, Oktoberfest-themed format. Nicknamed “Europe’s biggest Founders Festival”, it featured an extensive showfloor and over seven stages for keynotes from world-renowned experts and innovators (including this year’s headliner President Barack Obama) spanning diverse industries and topics. On the third and final day, the event concluded with “liquid networking” and traditional celebrations in the Schottenhamel-Festhalle, the oldest beer tent at the Wiesn.

In total, we had 9 startups exhibiting: presize.ai, rapitag, Expivi, 8select, parcelLab, ViewAR, and Dotaki from the currentSAP.iO Foundry Munich cohort, and SAP.iO Foundry Berlin alumni Augmania, WeView, and ScanTrust. Beyond connecting with potential customers, investors, and fellow entrepreneurs, some of our startups were able to meet Roland Weigert, State Secretary for the Bavarian Ministry of Economic Affairs, Energy and Technology. Plus, Augmania founder & CEO Rania Reda took to the Impact Stage for the insightful panel session “WINNING: Success Stories from Female Founders.” With so many inspiring talks and interactive booths from startups and corporates, the conference was both overwhelmingly productive and fun for all of us.

We had an incredible experience, and are already looking forward to next year’s event. Visit our picture gallery for more SAP.iO highlights from Bits& Pretzels 2019!

In Foundries, Berlin, Press Coverage

SAP.iO Kicks Off First B2B European Startup Accelerator Focused on Fintech and Governance, Risk and Compliance

People mingling in conversation

The SAP.iO Foundry Berlin kicked off a dedicated financial technology (fintech) program with participants consisting of business-to-business startups focused on finance and governance, risk and compliance (GRC), SAP SE (NYSE: SAP) said today.

With the growing complexity of regulatory laws impacting enterprises, startup solutions and innovations will help optimize enterprise resource planning processes and address customer needs. In a recent report by Deloitte, cost reduction and increased regulatory scrutiny were the main drivers of a significant increase in spending on enterprise risk management. With more than 56 percent of organizations using, or planning to use, cloud-based platforms, enterprises are looking for intelligent, real-time, actionable solutions to meet their improved efficiency goals.

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In Foundries, Berlin, Portfolio News

SAP.iO Kicks Off First B2B European Startup Accelerator Focused on Fintech and Governance, Risk and Compliance

 The SAP.iO Foundry Berlin kicked off a dedicated financial technology (fintech) program with participants consisting of business-to-business startups focused on finance and governance, risk and compliance (GRC), SAP SE (NYSE: SAP) said today.

With the growing complexity of regulatory laws impacting enterprises, startup solutions and innovations will help optimize enterprise resource planning processes and address customer needs. In a recent report by Deloitte, cost reduction and increased regulatory scrutiny were the main drivers of a significant increase in spending on enterprise risk management. With more than 56 percent of organizations using, or planning to use, cloud-based platforms, enterprises are looking for intelligent, real-time, actionable solutions to meet their improved efficiency goals.

These startups are joining the SAP.iO Foundry Berlin program for Fall 2019:

  • Hanko provides Fast Identity Online (FIDO)-based identity and authentication as a service. The startup is founded in Germany.
  • troy is a German-based startup that uses machine learning and artificial intelligence to combine successful debt collection with customer relationship management.
  • Iristrace is transforming the management of business risk into business value by providing risk strategy validation. The startup is headquartered in the Netherlands.
  • PXL Vision is a Swiss startup for creating and managing trusted, verified digital identities.
  • Aividens is a Belgian startup that provides predictive cash and risk management to improve cash accuracy, reduce overdue debts and improve operational efficiency and customer satisfaction.
  • Spherity, a German startup, combines unique identifiers with verifiable data to offer out-of-the-box cloud wallet capabilities.

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In Foundries, Article, Berlin

SAP Politikbrief Startups Journel

The SAP Government Relations team publishes a quarterly info-journal (SAP Politikbrief) for German political and public administration representatives incl. important decision makers from German executive and legislative bodies, such as the Chancellery, Federal and Regional Ministries and Parliaments, municipalities as well as scientists and academics. The Q3 Politikbrief is dedicated to startups. The journal is published in German and English, online and in print.

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In Foundries, Blog, Tel Aviv, Portfolio News

Expanding our commitment to startups: Launching our First SAP.iO Foundry Program in Tel Aviv

Blog Written by Inbar Yacoby

With the immense potential in the entrepreneurial spirit of Europe and as part of SAP’s strategy, I’m very excited to share the news that SAP.iO recently announced the launch of its first accelerator program in Tel Aviv. SAP.iO Foundry Tel Aviv further expands SAP’s operations in Israel and reflects SAP’s commitment to the dynamic Israeli high-tech ecosystem where we have been active for more than two decades, currently employing approximately 800 developers in our R&D centers in Ra’anana and Tel Aviv.

We are excited to collaborate with amazing entrepreneurs and welcome the following startups to our SAP.iO Foundry Tel Aviv Fall program:

ARpalus

Predictive Analytics using Augmented Reality

ARpalus helps CPG and retailers understand and predict their shoppers’ preferences using an AR-simulation platform, measuring real behavioral patterns and delivering AI-optimized in-store execution.

EasySend

A no-code smart form builder that empowers enterprises to quickly convert paper forms and clunky PDFs into compliant eForms with deep-analytics in less than two weeks.

EasySend serves over forty enterprise customers, including leading financial institutions and insurance companies in the US, Germany, Japan and Israel. EasySend’s has been adopted by over 90% of the Israeli financial and insurance market and tier-1 US and German financial

GrowthSpace

Online coaching platform for enterprise employees.

GrowthSpace replaces traditional employee training, like workshops or seminars, with personalized 1X1 training. Using technology, GrowthSpace offers personalized training at the cost of traditional training. Users hold one-on-one video coaching sessions targeted at a specific professional challenge.

Outgage

A direct mail platform that bridges the gap between offline and online campaigns.

Outgage is a software-as-a-service (SaaS) marketing direct-mail platform that makes a connection between offline and online campaigns to create personalized brand experiences, for effective conversations between enterprises and their customers.

Silverback

Sales decisions hub for online retailers

Silverback is an AI-driven sales decision hub for online retailers, empowering them to offer the top-performing products at the most competitive price and optimize promotions to massively boost sales.

Supersmart

Building the world’s leading fast and easy self-checkout system using AI loss prevention technology.

Supersmart provides the world’s first scan-and-go solution with advanced loss prevention capabilities, enabling consumers to instantly check out their fully-loaded cart or basket and have a positive customer experience.

YOUTILIGENT

We Change the Way Vendors and Consumers Connect.

YOUTILIGENT uses machine learning and the Internet of Things to enable vendors and service providers to change the way they communicate with their appliances, through a new connected consumer solution.

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In Foundries, Press Release, Munich, Portfolio News

SAP Launches New Accelerator Program in Munich

SAP announced the first SAP.iO Foundry program in Munich with seven business-to-business technology startups creating innovative software that integrates with SAP’s marketing and commerce cloud solutions.

SAP.iO Foundry Munich is part of SAP’s innovation strategy and is designed to provide the startups with access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers.

The startups in the Munich cohort were selected based on their ability to:

  • Enhance customer experiences in commerce and marketing
  • Apply emerging technologies, such as machine learning, artificial intelligence, the Internet of Things (IoT) and augmented reality, that unlock enterprise data and drive outsized outcomes
  • Acquire customers and show readiness to scale

“The SAP.iO expansion to Munich is a signature commitment to the German startup ecosystem,” said Deepak Krishnamurthy, SAP chief strategy and transformation officer. “We will empower the startups to deliver value to our customers and, at the same time, build a compelling ecosystem around SAP C/4HANA and customer experience solutions.”

The SAP.iO Foundry Munich cohort includes the following startups:

  • ViewAR offers a platform-independent system for easy and robust creation of augmented reality apps for web and mobile use.
  • presize.ai provides mobile body scanning software for fashion e-commerce, creating a more enjoyable experience by matching the best-fitting clothes with shoppers’ unique body reality apps for web.
  • parcelLab is a cloud-based service that helps brands provide a personalized and branded customer experience during checkout, shipping and return processes.
  • 8select is a plug-and-play software solution offering a curated shopping engine (CSE) to online retailers enabling them to personalize product recommendations for end consumers. It allows retailers to cross-sell by publishing automatically curated product sets (such as outfits) along the customer journey.
  • Dotaki takes conversion rates to the next level for online merchants by using artificial intelligence to personalize digital content and experience according to each individual visitor’s method of making purchasing decisions.
  • rapitag is a leading provider of secure mobile checkout and unique customer experiences in retail. rapitag offers the world’s first patented antitheft IoT security tags for one-click buying, helping retailers to connect and digitalize their physical stores.
  • Expivi is an interactive and visual e-commerce platform that generates an immersive shopping experience with instant 3D configurations and artificial reality. Businesses are able to upgrade their online stores by using Expivi on their own existing marketplace.

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In Foundries, Tel Aviv, Press Release, Portfolio News

SAP.iO Announces Seven Innovative Israeli Startups for the First SAP.iO Foundry Program in Tel Aviv

SAP announced the names of the seven Israeli startups that will take part in the first accelerator program at SAP.iO Foundry Tel Aviv.

The SAP.iO program is part of SAP’s innovation strategy and designed to accelerate early-stage business-to-business (B2B) startups that build innovative software and deliver high value for SAP’s customers.

“This foundry is part of a wider and exclusive network of similar programs we have created throughout the United States,” said Alexa Gorman, head of SAP.iO Foundries EMEA. “SAP.iO Foundry Tel Aviv reflects SAP’s commitment to the dynamic Israeli high-tech ecosystem.”

Startups will have access to curated mentorship, exposure to SAP technology and application programming interfaces (APIs), and opportunities to collaborate with SAP customers.

“The selected startups will have our support and access to our technology expertise,” said Orna Kleinmann, managing director at SAP Labs Israel and SVP, Technology & Innovation Cloud Experience. “We believe in their ability to offer a variety of advanced solutions for SAP’s customers.”

The SAP.iO Foundry Tel Aviv cohort includes the following startups:

  • ARpalus is an augmented reality (AR) and predictive analytics retail technology startup that builds an AI@XR platform for automatic collection and deep analysis of large-scale data on shopper behavior.
  • EasySend helps financial enterprises improve customer experience and increase operational efficiency using EasySend’s cloud-based, drag-and-drop, no-code platform to quickly and easily build 100% digital, omnichannel-accessible customer-facing processes.
  • GrowthSpace replaces traditional one-to-many learning and development using tailored online coaching platform for enterprise employees. Users hold one-on-one video coaching sessions targeted at specific career objectives.
  • Outgage is a software-as-a-service (SaaS) marketing direct-mail platform bridging the gap between offline and online campaigns to create personalized brand experiences, for effective conversations between enterprises and their customers.
  • Silverback is an online sales intelligence platform that relies on cross-marketplace analytics to enable online marketplaces, stores, sellers and brands to monitor product sales across different e-commerce sites.
  • Supersmart provides the world’s first scan-and-go solution with advanced loss prevention capabilities, enabling consumers to instantly check out their fully loaded cart or basket and have a positive customer experience.
  • YOUTILIGENT uses machine learning and the Internet of Things to enable vendors and service providers to change the way they communicate with their appliances, through a new connected consumer solution.

In Press, Tel Aviv, Press Coverage, Portfolio News, Foundries

German Multinational SAP Launches 1st Foundry Program in Tel Aviv with 7 Startups

Foundry owners pictures cutting ribbon

We are excited to welcome these entrepreneurs to the SAP.iO family and help them accelerate their business with SAP,” said Alexa Gorman, head of SAP.iO Foundries EMEA (Europe, Mideast, and Africa). “We recognize that Israel has a dynamic high-tech ecosystem and our Tel Aviv Foundry reflects our commitment to the Israeli ecosystem.” The selected startups will have SAP’s support and access to its technological expertise, the multinational said in a statement.

“We believe in their ability to offer a variety of advanced solutions for SAP’s customers,” said Orna Kleinmann, managing director at SAP Labs Israel and SVP Technology & Innovation Cloud Experience, of the Israeli startups.

The seven selected startups for the 12-week program are:

  • ARpalus, a Caesaria-based AR and predictive analytics retail technology startup founded just this year. ARpalus is building a platform for the automatic collection and deep analysis of shoppers’ behavioral data.
  • EasySend, a Tel Aviv startup founded in 2016 that helps financial enterprises improve customer experience and increase operational efficiency through a platform that enables businesses to present customers with digital forms in a simple interface.
  • GrowthSpace, a startup developing a tailored online coaching platform for enterprise employees.
  • Outgage, a SaaS “marketing first” direct mail platform for email marketing and analytics.
  • Silverback, a Tel Aviv startup founded in 2014 that built a sales intelligence platform for online marketplaces.
  • Supersmart, a Rosh Ha’ayin-based retail tech startup founded in 2014 that provides a “Scan&Go” solution with advanced loss prevention capabilities, enabling consumers to instantly check out their fully- loaded cart or basket.
  • YOUTILIGENT, a Petah Tikva startup founded in 2016 that developed a connected consumer solution for connected appliances using machine learning and IoT tech.

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In Foundries, Press, Tel Aviv, Press Coverage

סאפ השיקה בתל אביב אקסלרטור לסטארט-אפים

סאפ השיקה היום (ג’) בתל אביב את האקסלרטור שלה, SAP.io Foundry, שמיועד לסטארט-אפים שמפתחים פתרונות לארגונים על בסיס של תוכנה כשירות (SaaS), ושהטכנולוגיה שלהם יכולה להתממשק עם הפתרונות של החברה הגרמנית. התכנית הראשונה של המיזם החלה בחודש זה ותסתיים בדצמבר, ובכוונת החברה לקיים שני מחזורים בכל שנה. בסאפ כבר עובדים על המחזורים שיתקיימו בשנה הבאה, ומחפשים חברות. כל מחזור מיועד לחברות מתחום אחר, כשהפעם משתתפים בו סטארט-אפים בתחום הדיפ טק.

In Foundries, Press, Tel Aviv, Press Coverage

SAP’s Venture Arm Announces Startups Selected for Tel Aviv Foundry

Foundry owners pictures cutting ribbon

SAP.iO, the early-stage venture arm of multinational enterprise software company SAP SE, unveiled on Tuesday the seven startups chosen to participate in the first cohort of its new Tel Aviv-based accelerator program, SAP.iO Foundry. As part of the 12-week program, the startups will receive mentorship and access to SAP’s data, technology, and customer base. SAP already operates its foundry program in Paris, Berlin, Munich, New York City, San Francisco, and Tokyo.

The companies are retail analytics startup ARpalus Ltd.; EasySend Ltd., a startup providing customer service technology for financial institutions; online coaching company Growth Space Ltd.; marketing startup Outgage Inc.; online marketplace analytics startup Silverback Associates Ltd.; instant checkout company Supersmart Ltd.; and smart appliances startup YOUTILIGENT smart solutions Ltd.

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In Foundries, Tel Aviv, Press Coverage

German giant SAP sets up accelerator program in Tel Aviv

Foundry owner pictured

German multinational software firm SAP SE is setting up an accelerator program in Israel, seeking new technologies in order to expand the portfolio of technologies and services it can provide to customers.


The Foundry program will be run by SAP.iO, a strategic business unit of SAP set up in 2017 to work closely with startups and tap into their innovations. The unit either invests in early stage startups or runs accelerator programs that provide selected startups with mentorships, a co-working space, and access to its 400,000 customers globally who can work closely with entrepreneurs to make sure their specific needs are met. The program will also make available data and SAP platforms startups may need to develop their technologies.

Seven startups have been selected for the first accelerator cohort:

  • ARpalus is an AR and predictive analytics retail technology startup that uses artificial reality (AR) and predictive analytics for the automatic collection and deep analysis of large-scale shoppers’ behavioral data.
  • EasySend helps financial enterprises improve customer experience and increase operational efficiency by allowing them to digitize all of their paperwork and “cumbersome” forms.
  • GrowthSpace develops tailored online coaching platforms for enterprise employees. Users hold one on one video coaching sessions with specific career objectives.
  • Outgage is a Software as a Service (SaaS) direct mail platform that bridges the gap between offline and online campaigns to create personalized brand experiences for effective conversations between enterprises and their customers.
  • Silverback is a sales intelligence platform for online marketplaces. It uses cross-marketplace analytics to enable online stores, sellers and brands to see their products’ sales performance across different e-commerce channels to enable them to do better pricing, marketing and promotions.
  • Supersmart provides a “Scan&Go” solution that allows consumers to instantly check out their fully loaded cart or basket, enabling a positive customer experience.
  • YOUTILIGENT uses machine learning and Internet of Things to enable vendors and service providers to change the way they communicate with their appliances.

Read More…